Daily Forex Technicals | Written by Admiral Markets | Feb 15 13 02:46 GMT
The Daily Wave Analysis
Currency pair USD/CHF
Presumably, the Impulse (v) of [a] is forming . If this assumption is correct, in the course of the formation development we can expect further upward price movement.
Currency pair EUR/USD
Presumably, the Impulse [v] of A is forming . If this assumption is correct, in the course of the formation development we can expect further downward price movement.
Currency pair GBP/USD
Presumably, the Impulse [5] of c of (x) is forming . If this assumption is correct, in the course of the formation development we can expect futher downward price movement.
Currency pair USD/JPY
Presumably, the correctional wave [4] of v is close to completion . If this assumption is correct, after its completion we can expect an upward price movement in line with wave formation [5] of v.
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